Through the first nine months of 2016 the HECM volume leaders were American Advisors Group, One Reverse Mortgage and Reverse Mortgage Funding.

The agency said 108,875 homeowners avoided foreclosure after seeking assistance from a HUD housing counselor.

But if you think that Wells Fargo will pull a “BofA” and quietly downshift its presence in mortgages, think again.

In the third quarter, the top FHA rehab were Prospect Mortgage, Movement Mortgage and Wells Fargo.

PHH said it will subservice the loans for New Residential "for an initial period of three years, subject to certain termination provisions."

DOJ notes that although the lender’s internal quality control reviews “showed severe problems with FHA insured mortgages, USFS routinely failed to provide any meaningful information to senior management…”

The leading cause of adverse findings was incomplete or missing loan documents...

New Residential is entitled to a $10 million termination fee if the sale falls apart...

This summer, Bright co-authored a GSE white paper with former Federal Housing Finance Agency Director Ed DeMarco…

Mortgage lenders that generate a lot of jumbo home loans tend to rely heavily on their retail production platforms, while third-party originators play a bigger role in agency-eligible production. That’s one finding from an Inside Mortgage Trends analysis of exclusive survey data collected by Inside Mortgage Finance. Lenders participating in the survey reported that 80.3 percent of their third-quarter jumbo production came through their retail platforms ... [Includes two data charts]